Singapore commits $74.3M for quantum and AI in finance
MAS injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding.
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Blockchain Can Help Find a Cure for COVID-19
Bitcoin Depot's Brandon Mintz says blockchain can help find a cure for COVID-19 which will play a big role in the technology’s adoption. 1591 Total views 15 Total shares The blockchain community is playing a significant role in helping to develop pharmaceutical drugs to combat COVID-19, as blockchain can bring immense computational power to confirm…

NFT sales aim for a $17.7B record in 2021: Report by Cointelegraph Research
In 2010, if someone had told you that Internet memes, digital artwork and Twitter avatars would sell for hundreds of thousands of dollars, would you have believed them? Well, these are nonfungible tokens, or NFTs, in a nutshell. NFTs are driving blockchains toward uncharted territory on the backs of cute kitties and pixelated punks. What may…

Alameda Research had a $65B secret line of credit with FTX: Report
Sam Bankman-Fried ordered Gary Wang, FTX's co-founder, to open the alleged credit line financed by the exchange's customers. 147 Total views 2 Total shares Own this piece of history Collect this article as an NFTFormer FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion "secret…

Maze Hacker Group Claims Infecting Insurance Giant Chubb with Ransomware
Black hat hacker group, Maze, claims to have used ransomware to compromise the systems of insurance giant, Chubb. They also claim to have stolen the firm’s data.Brett Callow, threat analyst at cybersecurity firm, Emsisoft, told Cointelegraph on March 27 that Maze published the claim on its website. While the website does not provide any direct…

China’s Central Bank Introduces Certification System for Fintech Products
China’s central bank, the People’s Bank of China (PBoC), will use a new system to certify 11 types of fintech hardware and software products relating to digital payments. On Oct. 29, the PBoC alongside China’s market regulator, the State Administration for Market Regulation (SAMR), jointly released a set of documents for the new nationwide Certification of…

The TRUMP factor — We can’t ignore memecoins any more
Memecoins are becoming a serious investment category. Memecoins mean business now.

CZ and Vitalik agree blockchain based voting is a must
Binance’s CEO and Ethereum co-founder Vitalik Buterin believe blockchain-based voting apps would significantly improve current voting systems. 452 Total views 2 Total shares Binance’s chief executive CZ and Ethereum’s co-founder Vitalik Buterin are in furious agreement that a new blockchain-based voting system is required to improve democratic processes in the United States. But one won't…

Gensler sticks up for Bitcoin before Congress, but doesn’t say much new
The Senate held its first hearing on Gary Gensler's nomination to chair the SEC today. 2139 Total views 8 Total shares Today, the Senate Banking Committee held its first hearing on the nomination of Gary Gensler to chair the Securities and Exchange Commission. The role will have major influence on the future of crypto regulation,…